|
NY Times opposes Buy American |
|
|
|
|
Written by Stumo
|
|
Friday, 07 March 2008 |
|
The New York Times "economic experts" on the editorial board are defending the Air Force's decision to buy Airbus/Northrop Grumman refueling tankers and not Boeing's.
They mock those concerned:
The Air Forces selection of a European supplier over Boeing for
its next generation of tanker aircraft has sparked a frenzy of
predictable bipartisan complaints: How could the military outsource
these patriotic jobs?
Their question sets up a straw man, avoiding engaging in the
debate. The question is national security, and who should benefit
from spending our taxpayer money. America does not have the
capacity to ramp up defense production as in World War II.
Because we have outsourced our defense industry, along with other
industries.
Now I am not defending Boeing, an unpatriotic
outsourcer of high magnitude. Boeing, like the U.S. auto
industry, could have joined with us rational traders to make the U.S.
trade laws work for America. Boeing's has intentionally de-linked
itself from U.S. interests, so the U.S. should have little loyalty in
return.
But the point is this: When you spend government
money, let's benefit U.S. workers, farmers and businesses. FDR's
WPA program - which many hated - at least benefited U.S. citizens
directly with very little leakage. We give tax cuts for R&D,
subsidize universities, invest in U.S. infrastructure and hope for
economic returns.
It is legitimate to minimize leakage
overseas. If we pay the bill, we should get the benefits.
This is just common sense.
|
|
|
Product safety bill passes Senate |
|
|
|
|
Written by Stumo
|
|
Friday, 07 March 2008 |
|
Imported products should be as safe as domestic products. And should bear the cost of being that safe.
The Senate approved a bill yesterday to strengthen the Consumer
Product Safety Commission. Its future was unclear because the National Association of Manufacturers and others opposed
making imports more safe. The administration opposed the bill,
too, supporting weaker legislation approved earlier in the House.
A conference committee will sort it out.
Mattel recalled over 20 million imported toys last year. Mattel's chairman Robert A. Eckert, told Congress, in a hearing last September:
Our standards were ignored and our rules were broken, [Mattel
chairman Robert A. Eckert] said. We were let down and we let you
down.
But Mattel fought this legislation, with NAM and others, tooth and nail. Yes, they're really sorry.
This was reported today:
Both the House and Senate legislation would increase the budget
and staff and would grant the agency the authority to issue rules and
penalize companies even when the commission lacks a quorum. Both
measures would also allow far less lead in toys.
But the Senate measure goes further. It would create a public database
of complaints and would permit the attorneys general to seek court
injunctions if products endanger residents and the federal government
is not acting. It would make mandatory many toy safety standards that
are now voluntary and as part of that change require that toys be
tested in compliance with a comprehensive set of rules.
The Senate bill would also increase the possible maximum penalty for
violations to $20 million, from the current $1.25 million. And it would
make it a crime for a company to sell a product that has been recalled.
Amy Klobuchar of Minnesota had a good line:
Weve seen toy after toy recalled in this country; 29 million
toys were recalled in 2007 alone, said Senator Amy Klobuchar, Democrat
of Minnesota and the author of the bills provision for sharp
reductions in lead levels in toys. Weve seen a record number of
imports coming in from other countries that dont have the safety
standards that we do.
The current system has been broken by years of neglect, an agency that
hasnt told the truth about the problems and an administration that has
turned its back on the problems, Ms. Klobuchar said.
Meanwhile:
Criminal charges were filed on Thursday against four executives at
two American companies who imported toothpaste from China that
contained a poison used in some antifreeze, the city attorney in Los
Angeles said in a statement.
|
|
|
Clinton, Obama, Canada and NAFTA |
|
|
|
|
Written by Stumo
|
|
Friday, 07 March 2008 |
|
Who told the Canada government that the NAFTA critique between Obama and Clinton was only posturing?
I
was at a Wednesday conference in DC where a Canadian said that the
release of information in Canada could only have occurred if the Prime
Minister Stephen Harper authorized the leak. Some argue the
incident caused Obama to lose votes in Ohio. That claim is
plausible. While the poll trend lines in Ohio showed the Obama
momentum was not as strong in Ohio as other states, i.e. Clinton's lat
2007 lead diminished more slowly and never was eliminated, about 59% of
late-deciding voters were claimed by exit polls to choose Clinton (yes,
I know nobody trusts exit polls).
The Harper government is
investigating itself. The Prime Minister's Chief of Staff Ian
Brodie apparently told reporters of the "posturing" representations by
Clinton's campaign. Some in the Canadian parliament have called for the firing of Brodie. And have accused...
Mr. Brodie of acting on behalf of Mr. Harper who, Mr. Layton
argues, hoped the leaks would minimize debate about Nafta in the
American campaign and help Senator John McCain, the Republican
candidate from Arizona, who has pledged support for Nafta.
The dust is not settled yet.
|
|
|
Obama won Texas. Clinton won Texas |
|
|
|
|
Written by Stumo
|
|
Thursday, 06 March 2008 |
|
Obama apparently won the Texas caucuses, which gave him the most Texas delegates over Clinton.
Clinton
won the primary vote 51-47. But only 65% of delegates are
apportioned by the primaries. And the rest by the caucuses.
The results were not out before today.
He received 6 or 8 more delegates than Clinton depending upon who you believe.
|
|
|
Stupid reasons for Columbia FTA |
|
|
|
|
Written by Stumo
|
|
Thursday, 06 March 2008 |
|
Chavez is sending troops to the Columbian border. Rattling his sabers.
The wacko free traders say we need to sign the Columbia Free Trade Agreement because of this?
So allowing Columbian companies to sue our municipalities for
interfering with their investments will help? And faux harmonization of
food and product safety laws will help? Transnational corporate
lobbyist written tariff schedules on pop-up books will deter
Chavez? [Yes, Columbia is one of the largest producers of pop-up books in the world.]
If there's a problem, then send them military support.
Advice. Gear. Military stuff. Don't just rubber stamp
another stupid NAFTA-style outsourcing agreement.
My point, if you did not get it, is that the Columbia FTA has nothing to do with Chavez or foreign relations.
The
people who try to sell you this snake oil are either dumb, or think you
are dumb. Watch now for editorial boards populated with
journalism school graduates who never took economics to scold us with
lectures on Economics 101.
|
|
|
|
<< Start < Prev 1 2 3 4 5 6 7 8 Next > End >>
|
| Results 46 - 54 of 69 |